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Samsung Electronics Faces Historic First Strike

Union representing over 28,000 workers plans one-day walkout on June 7 amid stalled wage negotiations.

Son Woomok, leader of the Nationwide Samsung Electronics Union, speaks to CNN on May 29, 2024.
A union holds a placard that says "stop union busting" in front of the Samsung Electronics Seocho Building in Seoul on May 24, 2024.
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Overview

  • The National Samsung Electronics Union demands a 6.5% pay raise and transparent performance bonuses.
  • Union members will use paid leave for the one-day strike, with potential for a broader strike later.
  • Samsung management has offered a 5.1% wage increase, but talks have failed to reach an agreement.
  • Analysts warn the strike could disrupt global semiconductor supply chains.
  • Samsung only allowed union representation since 2020 after years of anti-union practices.